Buying

Limited advance release for Paul Slijderink’s unique Balinese-inspired Ipswich continuum of care retirement village

32 villas and 14 apartments are now open to expressions of interest for Abadi Gaia retirement village, which will be built in Ipswich, 43km southwest of Brisbane, with construction starting in 2026. “Abadi Gaia will not only deliver the highest...

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Ian Horswill

09 Dec 2024

Mergers & Acquisitions

Shalain Singh returns to the seniors sector with $585M healthcare hub transaction

The senior adviser has established his own healthcare and real estate firm – Arrow Advisory Group – focused on primary care, medical centres, retirement living, residential aged care and hospitals – and has just completed a major deal...

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Lauren Broomham

28 Nov 2024

Retirement and Community Living

The regional South Australian retirement village with a waiting list over three times its capacity

Tatiara Retirement Village is a Not for Profit venture in Bordertown, 250km southeast of Adelaide, celebrating its 50th year. Residents moved into the first six single-bedroom units in October 1973. It has been expanding ever since. From 1987 to...

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Ian Horswill

09 Sep 2024

Buying

Phil Usher’s Odyssey announces fourth big site for its innovative private retirement care venture

With the financial muscle of super fund Australian Retirement Trust (created from the merger of Sunsuper and QSuper), Odyssey Lifestyle Care Communities has bought a prestigious parcel of land in one of the Gold Coast’s most coveted areas, Cru...

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Ian Horswill

06 Aug 2024

Buying

Aura Holdings has settled or pre-sold 90% of its 200 QLD homes being built in 2024

Since being founded in 2016 retirement sector Tim Russell and Mark Taylor have been developing six luxury vertical over 60s villages in sought-after locations in Brisbane, the Gold Coast and Sunshine Coast. Talking to Aura CEO Sean Graham after the...

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Ian Horswill

17 Jun 2024

Development

Exclusive: Retirement by Moran finalises purchase of huge Wesley Taylor Village on Sydney’s Northern Beaches and reveals development vision

Managing Director Sally Taylor said Retirement by Moran can now proceed with plans to redevelop the whole of the 9,234sqm site of The Wesley Mission’s Wesley Taylor Village and Residential Aged Care home adjacent to the beach at Narrabeen. They took...

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Ian Horswill

22 Apr 2024

Development

95% of apartments sold before Uniting’s latest retirement village in Sydney’s Little Italy opens

McRae-McMahon Place, named after the former Uniting Church Minister and social justice activist, Rev. Dorothy McRae-McMahon, features 65 homes, from one-bedroom apartments to deluxe penthouses, including 12 apartments for social housing in...

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Ian Horswill

05 Mar 2024

Development

First residents move into Summerset’s first retirement village in Melbourne later this month

10 two- to three-bedroom villas at its site in Cranbourne North, 39km south-east of Melbourne’s CBD, will mark the New Zealand operator’s entry into Australia. Stewart Scott, Summerset Group’s General Manager Development Australia, said it had...

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Ian Horswill

05 Mar 2024

Development

BaptistCare extending two retirement villages with existing facilities fully occupied

Charles Moore, who was appointed CEO of the newly merged BaptistCare NSW & ACT and Baptistcare WA organisation in June 2023 and had been CEO of BaptistCare NSW & ACT since 2020, has two retirement village projects under construction. The Not...

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Ian Horswill

26 Feb 2024

Development

20% of this 29-storey tower to be affordable rental housing for vulnerable people

The project, designed by Hassell, has been developed by DevelopmentWA in partnership with future owners: Not For Profit housing provider Housing Choices Australia and specialist affordable housing fund manager Super Housing Partnerships

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Ian Horswill

26 Feb 2024

Selling

Ryman Healthcare’s drop in new sales sees it cut its profit guidance significantly

Bert Newton Retirement Village in Highett, 16km southeast of Melbourne’s CBD, is one of four villages identified as not having completed the building of its main building, which is hitting sales. Ryman Healthcare NZ on Monday downgraded its profit...

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Ian Horswill

20 Feb 2024

Development

A home sold every two weeks: Keyton’s Ardency Kennedy Place, Melbourne, opens in style

CEO Nathan Cockerill said 75% of the 116 oversized apartments over nine storeys had been sold at the official opening of the first Ardency brand retirement village in Victoria (there are three in Sydney: Aroona in Yowie Bay, 24km south of Sydney’s...

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Ian Horswill

13 Feb 2024

Development

BlueCare’s Sunshine Coast aged care home set to open in early 2024

BlueCare Sunrise Beach Aged Care Facility, which is located about 3KM from the centre of Noosa, on the Qld Sunshine Coast, is set to open early this year. Work is gearing up on an adjacent retirement village. When both the residential aged care home...

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Caroline Egan

07 Feb 2024